First Trust United Kingdom AlphaDEX Fund
22 hedge funds and large institutions have $16.5M invested in First Trust United Kingdom AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 13 reducing their positions, and 7 closing their positions.
21% less funds holding
Funds holding: 28 → 22 (-6)
36.37% less ownership
Funds ownership: 42.1% → 5.72% (-36%)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
85% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 13
86% less capital invested
Capital invested by funds: $118M → $16.5M (-$101M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$733K |
| 2 |
Goldman Sachs
New York
|
+$355K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$188K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
+$69 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$82.7M |
| 2 |
SG Americas Securities
New York
|
-$4.64M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.33M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.35M |
| 5 |
Morgan Stanley
New York
|
-$1.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
LPL Financial
San Diego,
California
| – | -$275K | -8,911 | Closed |
|
|
FTUS
27
Flow Traders U.S.
New York
| – | -$76K | -2,280 | Closed |
|
28
Citigroup
New York
| – | -$23K | -701 | Closed |
|
FKU Hedge Fund Activity: Q3 2016 in Review
22 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust United Kingdom AlphaDEX Fund (FKU) for Q3 2016, worth a combined $16.5M — down 86% from $118M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FKU and 2 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, opening a new position worth an estimated $733K. The largest seller was First Trust Advisors, exiting entirely with an estimated $82.7M sold.
- 22 institutional investors held First Trust United Kingdom AlphaDEX Fund (FKU) as of Q3 2016, down from 28 in Q2 2016.
- Funds reported $16.5M of First Trust United Kingdom AlphaDEX Fund stock for Q3 2016, down 86% quarter-over-quarter.
- 2 funds opened new First Trust United Kingdom AlphaDEX Fund positions in Q3 2016 and 7 closed out, a net change of -5 holders.
- The largest First Trust United Kingdom AlphaDEX Fund buyer in Q3 2016 was Jane Street, an estimated $733K added.
- The largest First Trust United Kingdom AlphaDEX Fund seller in Q3 2016 was First Trust Advisors, an estimated $82.7M sold.
Based on aggregated 13F filings for Q3 2016.